trending Market Intelligence /marketintelligence/en/news-insights/trending/Jo1DwyyJwtQ1RSUpODm1rQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Stellus Capital enters $140M revolving credit agreement

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Stellus Capital enters $140M revolving credit agreement

Stellus Capital Investment Corp. has entered into a senior secured revolving credit agreement for borrowings up to a total of $140.0 million on a committed basis. An accordion feature allows the company to increase the aggregate commitments up to $195.0 million.

Borrowings bear interest on a per annum basis equal to either LIBOR plus 2.50%, or 1.50% plus an alternate base rate based on the highest prime rate, federal fund rates plus 0.5% or one-month LIBOR plus 1.0%. The interest will be payable in arrears every quarter.

The lenders included in the agreement are Amegy Bank, Cadence Bank NA, Frost Bank, Stifel Bank and Trust, Texas Capital Bank NA, CommunityBank of Texas NA, Woodforest NA and Whitney Bank.

As part of entering the new credit agreement on Oct. 11, the company also terminated its senior secured revolving credit facility with SunTrust Bank.